How is SCLC different from other financial services firms?
We are an independent, academically-oriented advisory and consulting firm. “Independent” means that we are owned entirely by the Principals of the firm, and are not therefore subject to any demands except those of our clients, and of our own convictions about the correct and prudent way to supervise a portfolio. Because our revenues come directly from clients, our interests and theirs are aligned. “Academically-oriented” means that our investment philosophy and methods are derived, not from the latest buzz on Wall Street, or the deal of the day, or from the underwriting requirements of a parent corporation’s investment banking division, but from research in the field of economics known as financial economics, which deals with the behavior of capital markets. Our advice is not, therefore, predicated upon a guess as to what the future may hold, but rather, on the best known methods for controlling the inherent risk of investing, which derive entirely from an inescapable uncertainty about
